December 2013 Sedona Real Estate Market Update

I’ve got 100 excuses for why there isn’t a October or November version of this newsletter – but let’s just chalk it up to the REALLY busy market conditions.  Let’s start with the easy stats  – there are currenly 407 homes on the market in Sedona (areas 40-46), and a whopping 74 in escrow with…

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September 2013 Sedona Real Estate Market Update

Fall weather is upon us – I say that loosely, as autumn here means that it’s after Monsoon Season, the humidity is back down to near zero and it’s 85 degrees during the day and in the low 50’s at night.  Perfect if you asked me… whether you like to hike, mountain bike, or just…

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June 2013 Sedona Real Estate Market Update

Summer is finally upon us and the hot days haven’t slowed down the white hot real estate market here in Sedona.  Inventory is down, sales are up, and prices are rising again.  It’s been a long time coming, but as with all things, real estate is a cyclical market this upswing has been years in…

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May 2013 Sedona Real Estate Market Update

High season is in full swing and buyers are coming from all over to purchase properties as the slow but steady rise in values has started.  Our demographics regularly show people from all 50 states buying property – but I’m seeing an increase in the number of Alaskan license plates and Canadian license plates in…

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March 2013 Sedona Real Estate Roundup

I regularly tell both buyers and sellers that high season starts sometime after Valentine’s day, so if you don’t see what you like during the winter, wait until the spring.  Sellers hold onto their listings and put them on the market now – to take advantage of the annual spring rush to purchase properties.  This…

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February 2013 Sedona Real Estate Market Update

We’re on the cusp of the busy season here in Sedona – and within a few weeks the lid will blow open and you’ll see activity ramp up for the spring buying season.  Typically, local sellers hold off on listing their homes during the slow winter months and go live with listings at the end…

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January 2013 Sedona Real Estate Market Update

Chilly winters days prevail (this week at least) and our cold winds tend to keep the buyers at bay.  Our cold snaps are temporary… as is our temporary slowdown in Sedona real estate buying.  The good news (for the market in general and for sellers) is that the number of available homes and vacant land…

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Sedona Property Roundup – October 22, 2012

Even though the day is perfect 80 degrees, the skies are clear and fall is in the air – I’m sitting here in front of my computer.  Shame on me.  Office time has been at a premium lately due to the busy market conditions and unreal weather for running, hiking, mountain biking and exploring the…

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Sedona Real Estate Market Update – September 2012

Cooler nights have taken hold in the Verde Valley and we’re into the best season of the year.  Autumn days are typically sunny with clear blue skies and huge puffy white clouds – and the nights are cool and crisp – just cool enough to wear a jacket again!  This string of uninterrupted great weather…

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Sedona Real Estate Update – August 2012

The dog days of summer have arrived… warm days, getting cloudy in the afternoon, then a bit of rain and unparalleled sunsets almost every night.  Days are already getting shorter and the evenings are getting cooler (upper 60’s) – so the best time of year is near.  Our warm days have signaled that we’re past…

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Sedona Real Estate Market Update – July 2012

Well folks, the 4th of July has passed and signaled the beginning of our monsoon season here in Sedona. This means we’ll be seeing higher temperatures during the day and some cloudy afternoons with rain possible daily for the next 8 weeks (great sunsets that this time of the year too!). This cooler rain tends…

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Summer 2012 Sedona Real Estate Update

Well… as mentioned in past posts – the number of foreclosures continues to slide and the number of available homes is dropping!  If you’ve been looking for a foreclosure property – you’d be best to hurry – as there are only 20 left in the entire Sedona area (areas 40-46).  There are 32 available short…

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Spring 2012 update

Sedona real estate buyers are seeing a different Sedona this spring – altogether different from past years.  For the first time in 6 years we’re seeing a seller’s market in homes under $400k.  This is a result of increased buyer activity leading to a decline in available homes – and this gives the sellers the…

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April 2012 Sedona Real Estate Market Update

The market’s still hot – and buyers don’t have a major advantage anymore under $400k. Inventory has dropped enough that it’s transitioned to a sellers market under this price and we’ve already seen some sellers holding firm to their list prices over the last few weeks. Whoa… 92 homes in escrow with 17 closings already…

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March 2012 Sedona Real Estate update

Spring is in full swing here in Sedona after our unexpected snow day earlier this week.  When the good weather comes around, Sedona home buyers open their wallets and start making offers on homes.  There are 111 homes in escrow right now – which makes this the busiest time for Sedona Realtors in years. There…

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March 2012 Sedona Real Estate quick update

As we enter the busiest part of the season, I wanted to show the level of activity because it’s busier than any time in the past 5 or 6 years.  There are 86 residences in escrow – and only 290 available single family homes.  Yikes.  That’s about half the inventory level from just a few…

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February 2012 Sedona Real Estate Market update

Whoa – the busy season has struck the Sedona real estate market right on time.  We always tell clients that the busiest season in Sedona real estate starts on Valentines day.  Depending on the weather, it may end up not getting busy until the 1st of March.  This year was unusual, because we’ve had bad…

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February 2012 Real Estate Market Update

The weeks are flying by and we’re just a few weeks away from the start of the BUSY season for Sedona Real Estate.  We didn’t slow down as much as we have in past years – I’m guessing due in part to the great deals all around Sedona and our fantastic “winter” weather.  It should…

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Sedona Real Estate Market Update – December 2011

Wrapping up 2011 – this Sedona real estate market update should give you a fair picture of the last month’s activity but stay tuned and I’ll do a year-end version in early January to summarize “the year that was”. We currently have 489 residential units on the market (includes single family homes, condos, manufactured homes,…

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Sedona Real Estate Update – November 2011

Wow – the year is going quickly – before you know it the cold weather will set in (50’s) and we’ll be waiting for the first signs of spring.  But let’s not get ahead of ourselves here – we’re in the middle of Autumn and town couldn’t be more beautiful.  The daytime temps have been…

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